Wednesday, June 13, 2012

Shocker! The Business Sector Of America Overwhelmingly Supports Romney

The Politico has a story out today in which they express their amazement that Wall Street and much of the business sector in general support Mitt Romney, an dare backing it up with their wallets:

..thanks to campaign finance filings, it’s possible to put a price tag on just how much: Mitt Romney's presidential campaign and the super PAC supporting it are outraising Obama among financial-sector donors $37.1 million to $4.8 million.

Near the front of the pack are 19 Obama donors from 2008 who are giving big to Romney.

The 19 have already given $4.8 million to Romney’s presidential campaign and the super PAC supporting it through the end of April, according to a POLITICO analysis of Federal Election Commission filings. Four years ago, they gave Obama $213,700.

None of them has given a penny to the president’s reelection campaign or the super PAC supporting it.

The Politico is apparently trying to frame this to fit into the Obama campaign's Romney/rich white guy/uncaring billionaire plutocrat theme. They're quite welcome to try, but the reality is that Wall Street has switched sides because they see first hand the mismanagement of the American economy and the president's war on private enterprise..except when it comes to wealthy, well connected Obama donors with green energy scams to sell.

What's more, Middle America increasingly sees this as well, which is exactly why President Obama is flailing around and doing so poorly as of late.

As I wrote some time ago, this election is going to be very much about competence. As a living example of the Peter Principle in action, President Obama fails that test.

Let's just say that Wall Street, like a lot of us, doesn't find the passage on the SS Obama nearly as happy as they did in 2008..and they're voting with their feet, and their wallets.